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No. 1737 expanding the boundaries of the SBCDA, establishing an allocation area for the purposes of TIF and amending the SBCDA development plan
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No. 1737 expanding the boundaries of the SBCDA, establishing an allocation area for the purposes of TIF and amending the SBCDA development plan
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❑s <br />Resolution 1737 - Exhibit A <br />c <br />- - - - -- Page 3 <br />Redevelopment Commission will facilitate this necessary growth and development. <br />Without this joint effort, Memorial would be limited in their ability to effectively plan, <br />finance and implement a development strategy for the area, which benefits both the <br />hospital and the community. <br />3.0 NEW BOUNDARIES FOR THE SBCDA <br />Identified below are the legal descriptions for Expansion Area No. 4, and the expanded <br />SBCDA. Section 17.0 provides maps which illustrate both the Expansion Area No. 4 <br />and the expanded SBCDA. <br />3.1 Downtown Medical Services District Expansion Area No. 4 <br />A parcel of land being a part of the City of South Bend, Portage Township, St. Joseph <br />County, Indiana and being more particularly described as follows: <br />Beginning at the intersection of the North right -of -way line of La Salle Avenue and the <br />West right -of -way line of Lafayette Boulevard; thence North along the said West right - <br />of -way line to the North right -of -way line of Park Lane projected West; thence East <br />along said projected right -of -way line and the North right -of -way line of Park Lane to <br />the East right -of -way line of Michigan Street; thence South along said East right -of -way <br />line to the North right -of -way line of Bartlett Street; thence East along said North right - <br />of -way line to the East right -of -way line of St. Joseph Street projected North; thence <br />South along said projected line and the East right -of -way line of St. Joseph Street to the <br />North right -of -way line of Marion Street; thence East along the said North right -of -way <br />line and its projection to the East to the centerline of the St. Joseph River; thence <br />Southwesterly along said centerline of the St. Joseph River to the South right -of -way line <br />of Madison Street projected to the East; thence West along said projected line and the <br />South right -of -way line of Madison Street to the West right -of -way line of Michigan <br />Street; thence South along said West right -of -way line to the North right -of -way line of <br />La Salle Avenue; thence West along said North right -of -way line of La Salle Avenue to <br />the place of beginning containing 78.15 acres. <br />3.2 Expanded SBCDA <br />A parcel of land being a part of the City of South Bend, Portage Township, St. Joseph <br />co County, Indiana and being more particularly described as follows, viz: <br />Beginning at the point of intersection of the south right -of -way line of Sample Street with <br />the west right -of -way line of Michigan Street; thence north along said west right -of -way line <br />of Michigan Street to its intersection with the northerly line of the Conrail Railroad <br />(formerly Penn Central) right -of -way; thence northwesterly along said northerly railroad <br />right -of -way line to its intersection with the southerly projection of the west right -of -way line <br />Downtown Medical Services District <br />
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